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Which statement is false? a. You must have a CGT event for CGT to apply. b. CGT events D 1 is a provision of last
Which statement is false?
a.
You must have a CGT event for CGT to apply.
b.
CGT events D 1 is a provision of last resort.
c.
Australian residents are generally subject to CGT on worldwide assets whilst non-residents only pay CGT on certain Australian connected assets.
d.
Net capital gains are included as assessable income and net capital losses are used to offset other t
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